Quantum Stocks Rockets 100%: Do You Look Forward to Quantum Day?
As Nvidia's Quantum Day (March 20) approaches, the industry is encouraged, and U.S. quantum computing concept stocks have surged again. Over the past five trading days, $D-Wave Quantum Inc.(QBTS)$ has risen over 100%, while $Arqit Quantum Inc.(ARQQ)$ , $QUANTUM CORP(QMCO)$ , and $Quantum Computing Inc.(QUBT)$ have risen over 80%.
Nvidia has stated that it will announce its progress in quantum computing at GTC, which will "shorten the timeline to achieve practical quantum applications." The management of quantum computing companies, including $Quantum Computing Inc.(QUBT)$ , will attend alongside Nvidia CEO Jensen Huang.
However, during the CES exhibition in January this year, Jensen Huang's cold attitude caused a significant drop in the quantum computing sector. For example, Rigetti Computing fell 45.41%, IonQ dropped 39%, and D-Wave Quantum fell 36.13%.
"If you say that within 15 years, we will have very useful quantum computers, that might be a bit early. If you say 30 years, that might be too late. If you say 20 years, I think many of us would believe that." This contrasts with the more optimistic 5 to 10-year timeline given by Google CEO Sundar Pichai.
In a report last Wednesday, Bank of America (BAC) analysts stated that they "expect Nvidia to launch an attractive and anticipated update on Blackwell Ultra," with a focus on inference models.
Additionally, Mizuho Securities analyst Vijay Rakesh speculated in a report that Nvidia may present a new quantum computing product roadmap during the event.
Do you think quantum computing will see new product innovations launched at GTC?
Is Nvidia's setting up of Quantum Day a way to backtrack on its previous statements?
Or does it suggest that $NVIDIA(NVDA)$ has made new progress in quantum computing?
Are you optimistic about Quantum Day this Friday?
Is it time to short quantum stocks after the surge?
Leave your comments and also post to win tiger coins~
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As Nvidia's Quantum Day (March 20) approaches, the industry is encouraged, and U.S. quantum computing concept stocks have surged again. Over the past five trading days, $D-Wave Quantum Inc.(QBTS)$ has risen over 100%, while $Arqit Quantum Inc.(ARQQ)$ , $QUANTUM CORP(QMCO)$ , and $Quantum Computing Inc.(QUBT)$ have risen over 80%.
Do you think quantum computing will see new product innovations launched at GTC?
Is Nvidia's setting up of Quantum Day a way to backtrack on its previous statements?
Or does it suggest that $NVIDIA(NVDA)$ has made new progress in quantum computing?
Are you optimistic about Quantum Day this Friday?
Is it time to short quantum stocks after the surge?
Leave your comments and also post to win tiger coins~
Nvidia's $NVIDIA Corp(NVDA)$
The massive rally in quantum stocks like QBTS $D-Wave Quantum Inc.(QBTS)$ , ARQQ $Arqit Quantum Inc.(ARQQ)$ , and QUBT $Quantum Computing Inc.(QUBT)$ suggests that investors are pricing in big announcements. But history has shown that hype-driven rallies often lead to sharp corrections if expectations aren't met—just like after CES in January when quantum stocks plummeted. If Nvidia's Quantum Day fails to deliver immediate, tangible progress, we could see a sell-off in these stocks. On the other hand, if Nvidia showcases a compelling vision with a clear development timeline, it could strengthen confidence in the sector and support continued momentum.
Ultimately, Nvidia's decision to establish Quantum Day could be a strategic move to reframe its stance on quantum computing after its lukewarm comments earlier this year. Whether this means Nvidia has made real progress or is simply managing investor sentiment remains to be seen. While I'm optimistic about the long-term potential of quantum computing, I remain cautious about the short-term volatility. If the stock prices continue to soar leading up to the event, taking some profits off the table might be a prudent move.
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Will there be a major breakthrough in quantum computing at GTC? I don't think it's likely. Quantum computing is still in its early stages. Even if there is new progress, it is most likely to be the optimization of the tool chain or software ecosystem, rather than a truly achievable commercial hardware breakthrough.
Did Nvidia set up Quantum Day to retract previous claims? This is more of a strategic adjustment than a complete pivot. Huang Renxun has always been pragmatic. His previous remarks may be to reduce the market's high expectations for the short-term implementation of quantum computing. Now the establishment of Quantum Day may be to emphasize that Nvidia is still actively deploying and prevent the capital market from misunderstanding its position.
Should I short quantum computing concept stocks? The recent surge has indeed caused some quantum computing stocks to enter the overvaluation range, and the risk of short-term corrections is rising. But in the long run, the market still has high expectations for the future of quantum computing. Short selling may not be the best strategy. Instead, you can wait for the opportunity to buy low after the callback.
Bullish on Quantum Day this Friday? I think there will be volatility in the market, but it is unlikely to see a disruptive breakout. Investors need to pay attention to Nvidia's specific layout direction, rather than being influenced by short-term market sentiment.
so yeah I believe it does not need 10 or even 15 yrs to see quantum computing be effective but 5 to 7 yrs is a good probability.
Reasons are simple. 1) Looking at the patent landscape, progress is definitely there, but real breakthrough does not appear near. I won’t be as pessimistic as Jensen in his past timeline assessment, but I don’t see it happening anytime soon. 2) even if we are wrong in our assessment, I see the big players in computing like IBM and perhaps Microsoft taking a 🦁 share or completely dominating the market, leaving little for the rest. Market is simply throwing the bets in all directions “quantum”! Too speculative for my liking and most of them will fall flat.
I advocate to sit and watch the space. If you want, take a small bet here and there for the fun of it, but don’t chase!